Mr. Paul Reynolds reports

TRIUMPH GOLD DEFINES COINCIDENT GEOCHEMICAL (AU, AG, PB, BI) AND GEOPHYSICAL (VLF-EM AND MAGNETIC) ANOMALIES THAT EXTEND AT LEAST 1.4 KM ALONG STRIKE OF THE TINTA HILL GOLD-RICH POLYMETALLIC VEIN DEPOSIT

Triumph Gold Corp. has released the results of a 70-line-kilometre ground magnetic and VLF-EM (very low frequency electromagnetics) survey and a 10-line-kilometre (414 samples) soil geochemical survey conducted in the vicinity of the Tinta Hill polymetallic vein deposit. The objective of the geophysical surveys was to characterize the geophysical signature of the Tinta Hill deposit and then to use that signature to identify prospective along-strike or (sub)parallel structures. The soil geochemical survey was intended to complement the geophysical survey and to expand the existing soil grid, which covers the immediate Tinta deposit area and extends along strike one kilometre to the southeast.

The Tinta deposit is part of a 4.6-kilometre-long northwest-trending linear magnetic low and coincident prominent VLF-EM conductor.

Four high-priority exploration targets have been identified based on geophysical patterns and coincident multielement (gold, silver, lead and bismuth) geochemical anomalies that match those of the Tinta deposit:

1. Target 1 is located 450 metres to the northwest and along strike of the Tinta deposit. It is part of the same continuous VLF-EM conductor as the deposit. The target has a 630-metre strike length and includes highly anomalous concentrations of gold, silver and lead in soils. The geochemical anomaly is centred on an approximately 90-metre-long portion of the conductor axis where conductivity is low in the centre but is flanked by broad weak to moderate conductivity, similar to the VLF-EM signature where the Tinta vein is thickest.
2. Target 2 is located approximately 150 metres north of the first target where a second, oblique conductor is coincident with a gold-, silver- and lead-in-soil geochemical anomaly over approximately 340 metres.
3. Target 3 is located 1.15 kilometres northwest of the Tinta deposit. It is co-extensive with the intersection of the conductors that define targets 1 and 2. The intersection is coincident with a strong gold-, silver-, lead- and bismuth-in-soil anomaly that covers an area of three hectares along and downslope of the conductors.
4. Target 4 is located 1.4 kilometres to the north-northeast of the Tinta deposit beyond the edge of current and historical soil geochemistry grids. This broad target area encompasses the intersections of at least three moderate to strong conductors.

The 2017 exploration program at Tinta Hill will include prospecting and trenching within the target areas. Further geophysical and infill geochemical surveys will be conducted to the north and northwest of the 2016 survey area.

Geochemical sample collection and analytical technique

Soil samples were collected at predetermined locations identified using a global positioning system. Samples were collected from B-horizon, or below the top layer of volcanic ash where B-horizon could not be sampled. The samples were characterized, dried and delivered to the ALS Minerals preparation laboratory in Whitehorse. Samples were analyzed using Au-ST43 (supertrace gold determination through 25-gram aqua regia digestion and ICP-MS (inductively coupled plasma-mass spectrometry) analysis) and ME-MS41 (51-element analysis through 0.5-gram aqua regia digestion and ICP-MS analysis).

Geophysical data collection technique

Very low frequency electromagnetic and total magnetic field data were collected along a 70-line-kilometre grid using a station spacing of 12.5 metres and a 200-metre line spacing with 50-metre-spaced infill lines over part of the grid. GEM Systems' GSM--19 magnetometer, plus VLF plus GPS, and GSM-19 base-station magnetometer were used to collect the data. VLF-EM data were collected from three VLF stations: frequency of 24 kilohertz -- Cultler, frequency of 24.8 kilohertz -- Jim Creek and frequency of 25.2 kilohertz -- La Moure. The base-station magnetometer was installed in a magnetically quiet area and cycled at three seconds during the survey. Raw data were imported into a LibreOffice Calc spreadsheet, and diurnal corrections were applied. Quality control ratings were assigned to each reading, and only data flagged as good were selected for subsequent gridding and profiling.

About Triumph Gold Corp.

Triumph Gold is a growth-oriented Canadian-based precious metals exploration and development company. Triumph Gold is focused on creating value through the advancement of the district-scale Freegold Mountain project in Yukon.

The reported geophysical and geochemical program was carried out by TerraLogic Exploration Inc., under the supervision of Michael McCaig (PGeo). The technical content of this news release has been reviewed and approved by Dr. Tony Barresi, PhD, PGeo, vice-president exploration of the company and qualified person for the purposes of National Instrument 43-101, standards of disclosure for mineral properties, of the Canadian Securities Administrators.